Experience:
No experience
Employment Type:
Full time
Posted:
3/28/2017
Job Category:
Accounting
See more jobs for students and recent grads who studied:
Manager-Tech & Acctg Policy
MetLife | Tampa, Florida
Tell Us More About Your Job Preferences
By telling us what you think of this job, we can help find jobs that match your interests. If you want to see more jobs like this, click on the smiley face. Or if this job isn't what you are looking for, click the frowny face. Learn More...

Follow This Company
Share

Job Description

Job Location: United States : Florida : Tampa  

 

Role Value Proposition: 

This position leads the Derivatives Accounting Controls’ team, which is responsible for validations and research in Murex (Derivatives accounting and inventory system) and some accounting and reporting for MetLife’s derivatives.

 

Key Responsibilities:  

  • Review and ensure the accuracy and timely reporting of derivatives, which includes multiple processes and reports such Systems Reconciliation, BO validations, Trade Corrections, Monthly Journal Entries and Reconciliation, GAAP and STAT reporting. 
  • Maintain a sound internal control environment in compliance with Sarbanes-Oxley (SOX) surrounding derivatives transaction processing to ensure accurate and timely accounting and financial reporting.
  • Participate in the effort to set department objectives that align with the needs of key customers (e.g., Chief Accounting Officer, Head of Derivatives Trading, CFO of Investments), monitor progress against those objectives and manage priorities in response to emerging and competing initiatives
  • Manage performance, hiring and termination processes and succession planning for the team

     

Essential Business Experience and Technical Skills:
 

  • Master’s degree in Accounting with CPA is highly desired; Bachelor’s degree in Accounting preferred.   
  • Responsible for reviewing both GAAP and Statutory accounting for multiple derivative instruments types ensuring that accounting for derivatives is complete and accurate.
  • Responsible for the review of quarterly and annual GAAP and Statutory reporting
  • Complete audit requests in a timely and accurate manner.
  • Set team objectives that align with the needs of key customers
  • The derivatives program is the primary tool for managing MetLife Inc.’s exposures to changes in interest rates, foreign currency exchange rates, equity markets and credit risk across its multi-billion fixed income portfolio, multi-billion mortgage loan portfolios, various insurance liabilities such as GMXB products and its Global GIC program as well as its equity position in International Subsidiaries.
  • MetLife Inc.’s use of derivatives is very diverse and sophisticated and includes the following instruments: interest rate swaps, interest rate caps, interest rate floors, foreign currency swaps, foreign currency forwards, financial forwards, financial futures, equity options and credit default swaps.

 

Business Category

Derivative Accounting & Reporting

 

Number of Openings

1

 

At MetLife, we’re leading the global transformation of an industry we’ve long defined. United in purpose, diverse in perspective, we’re dedicated to making a difference in the lives of our customers.

About MetLife

MetLife, Inc. is a leading global provider of insurance, annuities and employee benefit programs. Through its subsidiaries and affiliates, MetLife holds leading market positions in the United States, Japan, Latin America, Asia, Europe, the Middle East and Africa.

We now have openings in your town! Apply to to the link and find out more now!

This company profile was created by AfterCollege and is about MetLife. This page is not endorsed by or affiliated with MetLife. For questions regarding company profiles, please email: care@aftercollege.com.